Florida Business Broker in Sarasota & Bradenton

CONCESSION AND CATERING BUSINESS FOR SALE (MANATEE COUNTY, FL)

Asking Price: $499,999

Gross Income: $548,945 
Cash Flow: $209,841 

FF&E: $160,540

Employees: 

Established: 2007

Business Reference Number: BBF-8981-00510

Business Description:                                                      

Profitable With Tremendous Growth Potential
This is a concession and catering business offering food and beverage services at public and private events and locations based on contractual arrangements with those organizations it serves. Food services are provided for the convenience of the contracting organization and its customers and clients. Facilities are equipped with storage space for equipment, griddles, and refrigeration for food products. Business owns concession trailers for additional setup during events and catering. Huge growth potential and slick operations with staff and all licenses in place. Seller financing offered to qualified Buyers and Seller is prepared to offer an extended hand-over during the transition period. Seller has recently invested in new equipment to meet the increased demand that they are experiencing, which will result in a significant increase in revenue in 2023/24.

Detailed Information:

Furniture, Fixtures, & Equipment (FF&E): Included in asking price.
Facilities: Business has ample storage and facilities located at their csutomers’ locations for ease and efficient setup. All equipment is in excellent condition and well presented
Growth & Expansion: This market offers huge growth potential by adding additional concession trailers and expanding into the local events that need servicing in SW Florida
Support & Training: Four weeks of training at no cost to buyer, however Seller is prepared to offer longer term assistance during the transition period for continued success.          
Reason for Selling: Other Business Interest